UK

Gilt-Edged Market Makers (GEMMs) and investors expressed their support for the UK Debt Management Office to issue a new 30 year Gilt as the first syndication of its new 2021/22 financial year.

European equity deals linked to renewable energy have continued to come to market despite sustained turbulence buffeting the sector.

Intesa Sanpaolo saved a couple of basis points with the sale of a new senior bond from its green issuance framework on Tuesday, compared to fair value on a conventional deal. The new issue came as markets remained on edge ahead of the European Central Bank’s next meeting.

Tesco, the UK supermarket chain, has reacted quickly by setting new targets to sell healthier food, less than a month after a group of shareholders filed a resolution calling for this — a sign of how sensitive companies are to having environmental, social and governance motions voted on at their annual general meetings.

Trustpilot, the online review site, has moved closer to an IPO on the London Stock Exchange, attracting a number of high profile cornerstone investors to the deal.

German semi-conductor company Infineon Technologies has launched a US private placement, according to market sources.

Digital 9 Infrastructure, a new London-listed fund focused on digital infrastructure, has begun bookbuilding for its £400m IPO, enticing investors with the promise of chunky dividends.

Deal hungry equity investors were salivating on Monday when Deliveroo, one of the year's most anticipated listings, filed its IPO registration document in London.

Leeds Building Society is preparing to return to the sterling market this week for its first ever sale of non-preferred senior debt. The new bond will help the issuer refinance a euro deal maturing later this year, while reshaping its balance sheet for the minimum requirements for own funds and eligible liabilities (MREL).

Plans for a global Insurance Capital Standard (ICS) will be subject to a "small number of revisions" in 2021, according to the International Association of Insurance Supervisors (IAIS), which has completed its first round of feedback on the new framework.

European equity capital markets continued to reel from volatility across the Atlantic on Friday. A sell-off in tech stocks is making the block trade market difficult and a popular IPO suffered on its first day of trading.

Goldman Sachs led a bumper week of dollar bond supply this week, as the high-grade market showed its resilience and investors lapped up issuance from a broad array of bank and finance names.